Spain: Vulnerabilities of Private Sector Balance Sheets and Risks to the Financial Sector Technical Notes
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This technical note assesses the vulnerabilities of household and corporate sector balance sheets and quantifies the potential impacts from macroeconomic shocks using sensitivity and contingent claims analyses. The note analyzes the risks to the Spanish financial stability arising from household indebtedness. The analysis expands the use of microlevel data to assess household vulnerabilities, distinguishing between indebted and nonindebted households as well as accounting for the allocation of debt, debt service burden, and households’ income and assets.
Series:
Country Report No. 2012/140
Subject:
Corporate sector Economic sectors Financial institutions Housing prices Income Loans Mortgages National accounts Prices
English
Publication Date:
June 11, 2012
ISBN/ISSN:
9781475504279/1934-7685
Stock No:
1ESPEA2012004
Pages:
57
Please address any questions about this title to publications@imf.org